$4,664

Avg. Federal Grant

$5,313

Avg. Federal Loan

$59,113,001

Total Aid Awarded

North Central College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

96%

Total Aid Amount Average Total Aid Awarded per year.

$59.113M

Financial Aid Official Website

northcentralcollege.edu/financial-aid

Notably, almost all of the college students get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $11,604,785. For additional information about financial assistance schemes, one can head over to NCC’s financial aid page at http://northcentralcollege.edu/financial-aid. The total percentage of candidates applying to North Central College who receive the Federal Grant is 32%. Meanwhile, 100% of the applicants receive the Student Grant and 100% are awarded the Institution Grant, while 32% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,537, and the same stands at $4,508 for State Grant awardees and $22,759 for Institution Grant recipients. And, for the Pell Grant awardees, the average aid amount is $4,244. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. On average, students with an annual family income of less than $30,000 will obtain a federal aid of $29,113 per year. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $29,417 and $27,303, respectively. Those with an annual income level of $75,001-$110,000 would receive $23,485, while candidates with more than $110,000 of family income receive an average federal aid of $20,420. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. However, student loans attract a certain rate of interest at which the funds are borrowed. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. Every year, around 70% of the applicants to North Central College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

26%

State Grant Aid

33%

Institution Grant Aid

100%

Pell Grant

26%

Average Aid Awarded

Federal Grant Aid

$4,664

State Grant Aid

$4,595

Institution Grant Aid

$21,928

Pell Grant

$4,230

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$30,217

$30,001 - $48,000

$32,182

$48,001 - $75,000

$28,468

$75,001 - $110,000

$25,064

Over $110,000

$21,787

Student Loans for North Central College

Average Loan Amount Average Loan Amount received per year.

$7,409/Year

Students Taking Out Loans

68%

Loan Default Rate

3.2%

Other Colleges In Illinois

Northwestern University
Northwestern University

Evanston, Illinois

University of Chicago
University of Chicago

Chicago, Illinois

Lake Forest College
Lake Forest College

Lake Forest, Illinois

Other Private not-for-profit Colleges

Saint Leo University
Saint Leo University

Saint Leo, Florida

Johns Hopkins University
Johns Hopkins University

Baltimore, Maryland

Maryville University
Maryville University

Saint Louis, Missouri